IID Finance — Series B (estimated) · €30M
Barcelona-based consumer fintech ID Finance, developer of the financial wellness app Plazo, closed a €30M equity round led by London asset manager Kingsway Capital, structured as a convertible note with a €235M valuation cap and combining primary capital with a buyout of early shareholders. No series letter was disclosed; the money funds Plazo's rollout in Spain and its launch in Mexico.
LeadKingsway Capital
RoundSeries B (estimated)
Announced22 Mar 2023
CityBarcelona
SectorFintech
Source
T
T
The company
Investors 2
K
Kingsway Capital
S
SR Alternative Credit